News

Fed set to hold rates steady despite 'as good as it gets' inflation print
A cooler inflation reading from the month when President Trump's tariffs went full blast likely won't shake the Federal ...
Fed should cut rates as soon as this month: Economist on services PMI
The Institute for Supply Management's (ISM) services PMI (Purchasing Managers' Index) slipped to 49.9 in the month of May, ...
Fed's Harker: Still possible the Fed can cut rates later this year
The Philly Fed head is set to retire at the end of June, and is taking the opportunity to deliver some hope to investors that the Fed may still yet find itself in a position to deliver rate cuts ...
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Labor market holds steady in May, muting Fed rate cut prospects
The latest jobs print showed hiring and unemployment holding steady, though downward revisions from March and April numbers offer cause for concerns.
Fed's Daly says inflation her main focus right now
U.S. Federal Reserve policymakers could still cut interest rates twice this year as they projected in March, San Francisco ...
Fed's favored inflation gauge shows consumer prices eased in April
The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended ...
Fed Seen on Hold Amid Cooler Inflation, Cautious Consumer
The Personal Consumption Expenditure price index rose 2.3% in March, and the Fed targets 2% inflation. Traders also kept bets ...
Gold News: Bullish Momentum Builds as NFP, Fed Rate Cut Hopes Drive Gold Rally
Gold price holds firm above key support as traders eye Fed rate cuts. Bullish setup targets $3435, with NFP data key to the ...
The Fed and Wall Street Are Both Trying to Figure Out the Labor Market
Politics aside, recent history has illustrated that the ADP figures aren’t exactly gospel. Month after month, they have diverged from the Labor Department’s more resilient payroll numbers, often ...